(MEDICARE) TRENDS EXPLAINED

FACT SHEETS
Forwarded by BGen Robert Clements, USAF (RET) 5/4/05

The Kaiser Family Foundation today issued four new and updated fact sheets highlighting key facts and the latest statistics about the Medicare program. The fact sheets are designed to provide an overview of the Medicare program, the new Medicare drug benefit, the program's financing and the role of private health plans in the program.

  • MEDICARE AT A GLANCE: This fact sheet provides a basic overview of the Medicare program, including how it is financed, who is eligible, and what benefits are covered under the program.
  • THE MEDICARE SUBSCRIPTION DRUG BENEFIT: This fact sheet describes the new prescription drug benefit added to Medicare by the Medicare Prescription Drug, Improvement, and Modernization Act of 2003.
  • MEDICARE SPENDING AND FINANCING: This fact sheet provides an overview of spending on the Medicare program, how the program is financed, and Medicare's future financial outlook.
  • MEDICARE ADVANTAGE: This fact sheet provides an overview of the Medicare Advantage program, including current data on plan participation, beneficiary enrollment, benefits and premiums, and explains changes made by the 2003 law regarding Medicare
    payments to participating plans.

The fact sheets are part of the Foundation's wide range of background materials and research about the Medicare program and the drug benefit. These resources include reports, analysis, charts and Talking About Medicare, a consumer guide to understand the program. These materials are available online.